The Town FilesFranklin, New Jersey
Township in Somerset County · population 68,364 (2020 Census)
- Median home
- $457,900
- Household income
- $124,648
- Jan low / Jul high
- 23° / 87°
- Snow a year
- 21 in
- Tornadoes ≤10 mi since 1950
- 8
- Median age
- 40.6
Franklin is a township of 68,364 people in Somerset County, New Jersey. The median home is worth $457,900, above the typical New Jersey town ($435,600). It ranks better for young professionals than 85% of New Jersey towns.
How Franklin ranks
Percentile among New Jersey towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of New Jersey towns.
Homes and cost of living
The median home in Franklin is worth $457,900, above the typical New Jersey town ($435,600). Homes cost about 3.7 times the median household income of $124,648, which is more affordable than 53% of New Jersey towns. Median rent is $2,115 a month. 69.3% of households own their home.
| Housing | Franklin | Typical New Jersey town |
|---|---|---|
| Median home value | $457,900 | $435,600 |
| Median rent | $2,115 | $1,774 |
| Median household income | $124,648 | $111,891 |
| Home value ÷ income | 3.7× | 3.8× |
| Homeownership | 69.3% | 80.8% |
| Median year built | 1986 | 1969 |
| Seasonal / vacation homes | 0.1% | — |
Who lives in Franklin
| People | Franklin | Typical New Jersey town |
|---|---|---|
| Median age | 40.6 | 42.7 |
| Age 65 and over | 18.3% | 18.3% |
| Under 18 | 19.6% | — |
| Bachelor's degree or higher | 55.9% | 44.1% |
| Below the poverty line | 5.9% | 5.7% |
| Veterans | 3.2% | — |
| Born outside the U.S. | 34.7% | — |
| Work from home | 22.0% | 16.3% |
| Average commute | 33.5 min | 30.4 min |
| Homes with broadband | 97.8% | 94.6% |
Weather in Franklin
July highs average 86.5°F and January lows 22.9°F. About 49.5 inches of rain and melted snow fall a year, with 21.0 inches of snow (typical New Jersey town: 24.5 in). Expect about 24 days a year at 90°F or hotter and 111 nights at or below freezing.
Tornadoes, storms and disasters
8 tornadoes have passed within 10 miles of Franklin since 1950, compared with 9 for the typical New Jersey town. 1 rated (E)F2 or stronger. The strongest, an F3, struck on October 18, 1990 about 5.0 miles from the town center. The most recent was on October 27, 2003.
Hail of 1 inch or larger has been reported within 10 miles 28 times; the largest was 1.75 inches on September 9, 2023.
Severe weather in Somerset County since 1996
Somerset County has been included in 30 federal disaster or emergency declarations since 1953, most often for fire, flood, other.
| Declared | Incident | Declaration |
|---|---|---|
| September 5, 2021 | Hurricane | DR-4614: Remnants Of Hurricane Ida |
| September 2, 2021 | Hurricane | EM-3573: Remnants Of Hurricane Ida |
| March 25, 2020 | Biological | DR-4488: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3451: Covid-19 |
| June 8, 2018 | Severe Storm | DR-4368: Severe Winter Storm And Snowstorm |
Jobs and pay in Somerset County
Somerset County had 190,468 jobs in 2024, paying an average of $106,418 a year. Unemployment was 3.8% in 2023; in Franklin itself the ACS puts it at 5.1%.
Towns near Franklin
- Six Mile Run, NJ1.0 mi · 3,383 people · home $480,700
- Franklin Park, NJ2.3 mi · 13,430 people · home $336,600
- Blackwells Mills, NJ2.5 mi · 9,473 people · home $735,000
- Somerset, NJ3.4 mi · 22,968 people · home $438,800
- Franklin Center, NJ3.8 mi · 6,803 people · home $612,000
- North Brunswick, NJ4.2 mi · 43,905 people · home $431,500
- East Franklin, NJ4.3 mi · 9,788 people · home $385,900
- Kendall Park, NJ4.4 mi · 9,989 people · home $590,300
Franklin questions
Is Franklin, New Jersey a good place to retire?
On The Town Files lifestyle rankings, Franklin scores better for retirees than 50% of New Jersey towns and quieter than 32%. 18.3% of residents are 65 or older (median age 40.6).
How much does a house cost in Franklin?
The median owner-occupied home in Franklin is valued at $457,900 (Census ACS 2020–2024), against a median household income of $124,648, so homes cost about 3.7 times income. Median rent is $2,115 a month.
What is the weather like in Franklin?
July highs average 86.5°F and January lows 22.9°F (NOAA 1991–2020 normals). It gets about 49.5 inches of precipitation a year and 21.0 inches of snow.
Does Franklin get tornadoes?
8 tornadoes have passed within 10 miles of Franklin since 1950 (NOAA Storm Events); the strongest was a F3 on October 18, 1990. The typical New Jersey town has had 9.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)